Equities: Technology, small caps spike returns

Mon May 1, 2006

After February's distressingly flat performance, U.S. equity
funds picked up where they left off, with the Absolute Return
median gaining a respectable 1.7% in March, bringing the total
this year to 4.98%. That figure beats the Absolute
Return Composite median, which gained 1.37%. But it lags
behind the breakneck performance of Global Equity, whose index
produced a March return of 1.82% helped in part by strong gains
in European and select Asian markets. For the year, Global
Equity is up 6.3%.

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